Maryland Publishes 2018 Competitive Apps, $61.9 Million in Housing Credits Requested

The Maryland Department of Housing and Community Development (DHCD) received 44 applications requesting $45.6 million in Rental Housing Funds (RHF) and $61.9 million of federal Low Income Housing Tax Credits (LIHTC) in the Spring 2018 Competitive Round. Three applications include requests for a total of $2.875 million in Partnership Rental Housing Program Funds (PRHP). The 44 applications proposed to create or rehabilitate 2513 family, 184 senior and 421 special needs units in 11 counties and Baltimore City. A complete list of the applications can be found at the following link http://dhcd.maryland.gov/HousingDevelopment/Documents/rhf/Spring-2018-Round-Applications.pdf

DHCD is in the process of reviewing the applications. Threshold reviews are taking place over the next month, or so, and, as projects are reviewed, applicants will be notified if their projects fail to satisfy the threshold criteria. Applications that pass the threshold will move forward to scoring and DHCD expects to make funding announcements during the summer.

If you have any questions, please email at [email protected] or call at 301.429.7775.